Tether announces cease of USDT minting on Algorand and EOS
Tether ceases USDT minting on EOS and Algorand starting June 24, 2024. Tether will redeem USDT on EOS and Algorand for the next 12 months. Tether’s shift focuses on security,…
Binance to cease support for all Bitcoin NFTs
Binance NFT Marketplace will end support for Bitcoin NFTs on April 18. Users have until May 18 to withdraw their NFT assets. Binance has announced an end to platform support…
Binance to cease BUSD lending services by October 25
Binance is carrying out a phased termination of BUSD-related services. BUSD withdrawals via various blockchain networks were suspended last month. Binance is currently locked in a legal battle with the…
Crypto lending firm Genesis to cease offering crypto trading
Genesis has been providing trading services through its international Genesis Global Capital (GGC) division. Genesis allegedly owes its top 50 creditors $3.5 billion. In August Genesis and DCG reached an…
First Digital USD (FDUSD) reaps big as Binance cease BUSD support
Binance aims to stop support for BUSD by February 2024. The Binance USD stablecoin was being issued by Paxos before the New York Department of Financial Services ordered it to…
OKB price dips: OKX to cease operations in Canada
OKX will cease operation in Canada in June 2023. The exchange has already sent an off-boarding message sent to Canadian OKX users. Canadians will not be able to open new…
MyConstant ordered to cease crypto-lending services in Califonia
California Department of Financial Protection and Innovation (DFPI) has ordered MyConstant to cease offering some products. The DFPI had warned in July that it would crack down on crypto interest…
FDIC issues cease and desist letter to FTX US over misleading statements
FDIC sent the cease and desist letter to five companies, including FTX US and… The post FDIC issues cease and desist letter to FTX US over misleading statements appeared first…